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Listed by SMI Commercial Real Estate LLC
$ 3,250,000
Est. payment | /mo
17,350 SqFt
$ 3,250,000
Est. payment | /mo
17,350 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 17,350 sqft
Price per Sqft $187
MLS Listing ID 24217634
Year Built 1997
Annual Tax Amount $24,195
Tax Year 2023
Lot Size 0.500 Acres
Property Description
PRICE REDUCED 20-units in SE Portland. 1999 built, 2-bed, 1-baths with washer and dryer hookups. Owners have renovated roughly 13 units in the past 5 years and recently replaced roofs. 6.05% Cap Rate on Actuals and 7.48% Cap Highest Achieved. Sellers completing 1031. Multiple Sellers are licensed real estate brokers in the State of Oregon.
Location
State OR
County Multnomah
Area _142
Zoning RM2
Interior
Heating Other
Cooling Other
Exterior
Garage No
Building
Sewer Public Sewer
Water Public Water
Schools
Middle Schools Harrison Park
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Joel Redwine
REAL ESTATE BROKER - OREGON